TMG The Mortgage Group Alberta Ltd.
Separation and Divorce Mortgage Specialist
A Divorce Mortgage Specialist is experienced in helping individuals/couples navigate the complex mortgage issue during common law separation or divorce. Explaining viable options for each couple to dissolve the mortgage. Work with lawyers and mediators for seamless asset division to ensure the goals are set up for success by aligning separation agreement with lender requirements. Reducing time, money and added stress to the already difficult ordeal.
My own person experience going through divorce makes me an empathic broker. My approach is to achieve our goal in a mutually respectful manner for all parties involved. I am happy to share my story and support your journey.
The matrimonial asset is typically the largest asset to be divided in the separation. Contact me early on to discuss your financial circumstance and I can connect you with professionals to assist in this process. Allowing me to work with you early on will prevent revisions and delays. Moving you along efficiently so you can focus on the next chapter of your life.
Options for Property Division in Separation/Divorce
Refinance
One party keeps existing property. Accessing 80% of equity for buy out proceeds.
Spousal Buy Out Program
Special program to allow one party to keep existing property. Accessing 95% of equity for buy out proceeds. Default insurance premium applies.
Sell
Neither party keeps property. Sell to dissolve existing mortgage.